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Abu Dhabi's ADNOC to buy German chemicals company Covestro
Abu Dhabi's ADNOC to buy German chemicals firm Covestro for $16 bln
Abu Dhabi's ADNOC has struck a deal to buy German chemicals maker Covestro for 14.7 billion euros ($16.3 billion), including debt, in the energy giant's biggest ever acquisition.
ADNOC to buy German chemical company Covestro in $12.9bn deal
Abu Dhabi National Oil Company (ADNOC), through its subsidiary ADNOC International, has signed an agreement to acquire German chemical manufacturer Covestro for €11.7bn (Dh47.43bn). The acquisition terms include a public takeover offer for all outstanding shares of Covestro at €62 per share.
Abu Dhabi’s ADNOC acquiring Covestro for $16 billion
There are no plans to sell, close or significantly reduce its business activities as part of the transaction, Covestro officials said.
3d
on MSN
Abu Dhabi's ADNOC to acquire German chemicals firm Covestro for $16.4 billion
Abu Dhabi's state oil firm ADNOC announced it will buy German firm Covestro in a 14.7 billion-euro deal ($16.4 billion).
3d
Adnoc to Buy Covestro for €12 Billion in Its Biggest Deal
Abu Dhabi National Oil Co. reached a deal to buy chemical producer Covestro AG for about €11.7 billion ($13 billion), in what ...
Upstream
2d
Adnoc awards major contract prize for UAE's largest onshore oilfield
The project would provide artificial lifts to multiple wells for the project’s second phase, aimed at boosting oil output at ...
1d
Adnoc targets to ride out the energy transition
Abu Dhabi’s state energy company is making its biggest global move yet by acquiring a key chemical-maker in Europe’s ...
Trade Arabia
2d
ADX logs 15 large deals on Adnoc Gas, Modon worth $735m
The
Abu
Dhabi
Securities Exchange (ADX) announced today (October 2) the execution of 15 large direct deals involving ...
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